Your Name:
Your Email Address:
To: (Email)
Email Preview:

Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

Kingstowne Home Sales September 2018 Market Update
Kingstowne Home Sales September 2018 Market Update
The number of homes sold in Kingstowne saw a large decrease as compared to last month but, available inventory has also decreased. The median sale to list price ratio remained consistent and days on the market decreased.

Let’s check in on what happened in the Kingstowne market during September 2018.
•Number of Sales: 33
•Highest Priced Sale: $783,500
•Lowest Priced Sale: $223,100
•Median Sales Price: $476,500
•Median Days on Market: 8
•Median Sale Price to List Price Ratio: 98.30%
Is It A Buyer’s Or A Seller’s Market?
It is still a seller’s market in Kingstowne. Supply is not keeping up with demand, a trend we’ve witnessed throughout 2018.
View homes for sale in Kingstowne

Current Inventory In Kingstowne
There are currently 69 homes for sale in Kingstowne. A decrease of 14 from this time last month. It’s again important to point out that the Crest Of Alexandria a 55+ active adult community has added new construction listings (7 at this time) making resale inventory even lower than the total active inventory. It goes without saying inventory remains low. A median of 8 days on the market is very telling that buyers are acting quickly. Buyers are however looking for value, sellers who overprice their homes ... more

Are you on The Rain? Grow Your Network!

Spam prevention